Dave Forsey is a British businessman and the former CEO of the British retail chain Sports Direct. He is also known for being the husband of Stacey Forsey, a former cast member of “The Real Housewife of Cheshire.”
Dave Forsey's Net Worth
As of April 2022, Dave Forsey’s net worth is unknown, however his business profession is most likely his primary source of revenue. Dave’s property in Prestbury, in the Golden Triangle of Cheshire, with his wife, Stacey Forsey, is considered to be worth over £6 million, despite the fact that the sum of his net worth has not yet been revealed to the public.
His wealth is also increasing from his wife’s career as a former reality star and consultant for the clothing firm “Flannels.”
Dave's Early Life
The public does not have access to information on Dave Forsey’s early life, which explains the absence of details about his birth date, birth place, parents’ names, and siblings’ names, if he has any. He leads a very secluded life away from the press and the spotlight. We’ll update this page when we learn more.
Dave Forsey's Education
There was no information on Dave Forsey’s educational background available. As of this writing, we don’t know what university he attended or what degree he earned. He has a private existence, which explains the lack of data. We’ll update this page when we learn more.
Dave Forsey's Wife and Family Life
Dave Forsey is married to Stacey Forsey of Real Housewives of Cheshire. Grace and Zac are the couple’s two children. Other information, despite the attention they received for their respective profession, was not made available to the public. They’re most likely attempting to keep the press away from their family.
Dave Forsey's Career
At the age of 18, Dave Forsey began working for Mike Ashley and stayed with him for the following 32 years. USC, an apparel company owned by Sports Direct, fell into administration in 2015. Many of USC’s retail leases were moved to another affiliate, Republic, in the previous two months, and the USC name was moved to another Sports Direct firm.
However, Dave was charged with a criminal offense in October 2015 for failing to communicate with USC employees who were given only 15 minutes’ notice before being laid off. Months later, he resigned from the company after 32 years of service, allowing Mike Ashley, the company’s creator and Newcastle United owner, to take up the post immediately. According to insiders, he abruptly left the company, alleging that it had harmed his friendship with the sportswear mogul.
Unfortunately, according to The Sunday Times in May 2017, Dave will be charged for the collapse of USC. He even attempted to stop the prosecution through judicial review.
Today, Dave Forsey is most likely continuing his business efforts and making future plans, all while enjoying life with his family.
Job Losses Have Been Blamed On Dave Forsey
Dave Forsey, the CEO of Sports Direct, has been accused with a criminal offense in connection with the retailer’s demise, along with an accountant responsible for the management of a sector of USC.
According to an article published 6 years ago by The Guardian, Robert Palmer, a compliance and technical associate at The Gallagher Partnership, and Dave both pleaded not guilty to a charge of failing to inform the business secretary ahead of the laying of staff at USC’s Scottish warehouse.
The Department of Business claims at the time that the two “did consent to, connive at or neglect to prevent the failure by West Coast Capital (USC) Limited [a division of Sports Direct] to comply with section 193(2) of the Trade Union and Labour Relations (Consolidation) Act 1992 in that [they] failed to notify the secretary of state at least 30 days before the first dismissal took place on 14 January.”
Managers of West Coast Capital (USC), a branch of Sports Direct, gave nearly 200 staff at USC’s warehouse in Scotland only 15 minutes notice that they were going to lose their jobs in January.
The Trade Union Act requires employers to provide the secretary of state 30 days’ notice of plans to lay off 20 or more employees. Inability to do so constitutes a criminal offense punishable by a fine of up to $5,000. After 50 former USC workers were given compensation for not being properly informed prior to their dismissal, the accusations against Dave and Palmer were brought up.
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